U.S. Census Bureau releases its report on steel imports for October 2019
According to U.S. Census Bureau data, the U.S. imported 2,560,000 net tons (NT) of steel in October 2019, of which 1,519,000 NT are finished steel. This represents an increase of 34.6% and a decrease of 0.9%, respectively, compared to September 2019 final data. When considering imports for the year, data show that the U.S. imported a total of 25,152,00 NT (and 18,384,000 NT of finished steel) through the first ten months of 2019. When compared with the same period in 2018, imports have decreased 14.6% and 16.8%, respectively.
The finished steel products with a significant increase in imports between September and October were: light shapes bars (up 81%); wire rods (up 44%); sheets and strip hot dipped galvanized (up 20%); mechanical tubing (up 19%), tin plate (up 17%), and hot rolled bars (up 14%).
The finished steel imports in October 2019 originated primarily in South Korea (186K NT), Germany (86K NT), Japan (82K NT), Brazil (67K NT), and The Netherlands (54K NT). Similarly, for the first ten months of 2019, the largest volume of finished steel imports originated in South Korea (2,235K NT), Japan (1,098K NT), and Germany (917K NT).← Back To News